Payments News

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You Can Now Opt Out of Having Your Samsung Pay Data Sold

January 10 2020

“I am a long-time Samsung Pay user and I was honestly shocked to see Samsung was selling my Samsung Pay data. Companies like Google are pretty open about the amount of data they track and sell and how they sell it. Samsung isn’t as open about the amount of data they track or sell. The reason Samsung […]
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Greedy OMNY Scanners Are Double-Charging Some Subway Riders Who Use MetroCards

January 8 2020

“Multiple people tell Gothamist that they’d recently swiped through the system with an old-fashioned MetroCard, only to later realize that they were charged by OMNY on top of their standard fare. The double-billing appears to be the result of the system’s overly-sensitive scanner, which is scooping up fares from OMNY-enabled smartphones and credit cards even […]
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Welcome to Walmart. The Robot Will Grab Your Groceries.

January 8 2020

“In the backroom of a Walmart WMT -0.33% store in Salem, N.H., is a floor-to-ceiling robotic system that the country’s largest retailer hopes will help it sell more groceries online. Workers stand on platforms in front of screens assembling online orders of milk, cereal and toilet paper from the hulking automated system. Wheeled robots carrying small […]
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MTA to Add New Omny Contactless Fare Options

January 10 2020

“The new fare options will be added once all subway stations and bus routes have been equipped with the new technology at the end of this year, the MTA says. The service is due to go live at 60 additional subway stations by the end of this month, bringing the total to close to 150. […]
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Buy Now, Pay Later Now Available In-Store at Major US Retailers

January 14 2020

“Klarna, the leading global provider of buy now, pay later payment solutions for online and mobile shoppers, today announced it is enhancing its shopping service platform by launching in-store payments for US consumers. With the majority of retail transactions in the US still taking place in-store, and mobile in-store payments projected to reach $223 billion by 2023, Klarna […]
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Vivint Smart Arena Going Fully Cashless After Successful Trial

January 17 2020

“Vivint Smart Home Arena, the home of the National Basketball Association’s Utah Jazz, is going fully cashless following a successful trial late last year. Beginning January 18, the sports and entertainment venue will only accept credit, debit and prepaid cards, and mobile payments for sales at all food and beverage points of purchase, the box […]
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The Way to Indians’ Wallet Is Through Cricket. Just Ask PhonePe

January 16 2020

“Cricket is a religion in India, and digital payments major PhonePe knows it better than anyone. The secret sauce for the success of the Walmart-backed company, which has lately been breathing down rival Paytm’s neck, is cricket sponsorships. PhonePe first invested its marketing spends into cricket in mid-2018 with the Asia Cup. After seeing a positive response, […]

On The Wires

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OMNY Surpasses 5 Million Taps Ahead of Expansion to 60 More Stations by End of January

January 8 2020

“The Metropolitan Transportation Authority (MTA) announced today that its new OMNY contactless fare payment system will be installed at 60 more subway stations during the month of January, including major station complexes such as Herald Square and 47-50 Sts-Rockefeller Center in Manhattan and Jay St-MetroTech in Brooklyn. The MTA also celebrated the OMNY system’s system’s 5 […]
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Companies

PayPal Processed Record $10 Billion in Charitable Donations in 2019

January 16 2020

“PayPal Holdings, Inc. (NASDAQ: PYPL ) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in […]
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Caltrain Launches New Caltrain Mobile Ticketing App

January 15 2020

“Caltrain Mobile will enhance the overall customer experience for Caltrain riders by making it unnecessary to visit ticketing machines before boarding at stations. The app offers One-Way, Day Pass and Zone Upgrade digital tickets for adults and passengers who qualify for discounted fare.”